Meditation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Meditation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : January, 2023 | Healthcare IT

Report Digest

Global Meditation Market: Snapshot

The global meditation market was initially evaluated at US$ 5,295.07 million in the base year of the study i.e. 2022. The research report predicts that the global meditation market will record an outstanding growth rate of 18.5 % during the forecast period of 2022 to 2029.

Furthermore, it also projects that the global ABM market will expand to hit the final evaluation of US$ 20,532.44 million by the end of the forecast period in 2029.

Key drivers for causing a sales growth in the global meditation market include rapid growth in the advancement of modern communications technologies as well as the increasing spending on healthcare.

The increasing pool of global population is living with certain type of mental health disorder. This intensifies the demand for advanced and highly effective treatment therapeutics.

This has also propelled the sales in global meditation market. Furthermore, the rising number of new meditation app launches as well as the rising investments by players and developers on providing innovative and unique apps is also driving the sales growth for global meditation market.

Global Meditation Market: Overview

Meditation refers to the ancient practice of wellness that emphasizes on training on compassion, attention, and awareness. Meditation plays an important role in refreshing mind and body. Mediation is done with eyes closed and in a seated position. With the increased number of people suffering from stress and stress-related disorders is likely to bolster growth of the global meditation market in the years to come.

In addition, there has been an augmented awareness about meditation and its benefits amongst the people are likely to augment growth of the global meditation market over the timeframe of analysis, from 2019 to 2029.

Product, mental disorder, type, meditation type, information source, and region are the six key parameters based on which the global meditation market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.

Global Meditation Market: Notable Developments

The global meditation market has witnessed significant developments in the recent years. One of such developments pertaining to the market is mentioned below:

  • In July 2020, American messaging app, Snapchat, announced the introduction of Snap Minis, their latest feature, in partnership with Headspace. The latter is an online healthcare company specializing in meditation. With this new feature, it is expected that users will benefit from the expertise pertaining to physical and emotional wellbeing offered by the app. It will also offer tools of daily meditations to stay healthy and refreshed.

Some of the key players in the global meditation market comprise the below-mentioned:

  • MINDSET brain gym Yorkville
  • Simple Habit, Inc.
  • Simply Better Apps
  • Inner Explorer, Inc.
  • Headspace meditation app

Global Meditation Market: Key Trends

The following drivers, restraints, and opportunities characterize global meditation market over the assessment period, from 2019 to 2029.

Increased Prevalence of Stress and Anxiety is Likely to Bolster Demand in the Market

With the rapidly rising cases of suicides, mental stress, and other stress related illnesses, the global meditation market is expected to observe considerable growth in the years to come. The emerging trend of traditional thoughtful awareness is gaining traction amongst various corporate houses. Increased prevalence of subconscious health dysfunctions, including anxiety troubles, mood swings and complications, and so on, are observed in people across various age groups. These factors are likely to work in favor of the global meditation market over the timeframe of analysis, from 2019 to 2029.

On the other hand, there are some factors that are likely to pose challenge to the global meditation market during the analysis period. However, the level of awareness is rising amongst the people, the penetration of meditation in various parts of the world is still very low, which is likely to work against the growth of the global meditation market in the years to come. It is expected that with rapid urbanization and growing industrialization, the work pressure will rise. With the augmented pressure of work, the work personal life balance is likely to be disturbed. The need for meditation is anticipated to rise with such disbalances in life, thereby encouraging growth of the market in the years to come.

Global Meditation market: Geographical Analysis

North America is expected to dominate over the global meditation market throughout the tenure of analysis, 2019 to 2029. Such growth of the North America market is ascribed to the flourishing countless meditation programs and yoga centers spread across the region. In addition, there is very high prevalence of stress, anxiety, and other related disorders in the region is likely to play the role of a catalyst in the growth of the region. A lot of Americans are increasingly understanding the importance of treating panic attacks, damaging effects of insomnia on health, and need for anxiety and stress management, which is likely to augur well for the regional market in the near future.

The global meditation market is segmented as:


  • Meditation Programs
  • Yoga Centers
  • Apps
  • Websites
  • Books
  • Online Courses
  • Workshops

Mental Disorder

  • Mood Disorders
  • Anxiety Disorders


  • Focused Attention
  • Open Monitoring
  • Self-Transcending Meditation

Meditation Type

  • Sophrology
  • Kundalini Yoga
  • Mindful Fitness Surges

Information Source

  • Books, Newspapers
  • Internet
  • DVDs
  • Articles


  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Russia
    • Italy
  • Asia Pacific
    • China
    • Japan
    • Korea
    • India
    • Southeast Asia
  • The Middle East
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
  • Latin America
    • Brazil
    • Argentina
    • Colombia

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

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5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?